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Nigerian catfish farmers, including Oyesola Peter near Ibadan, are rearing insect larvae to replace fish meal in their feed. Farmers say fish meal can account for at least 70 per cent of production costs.
The report notes Nigeria's fish farming sector is growing while feed costs keep rising.
Fish meal is a key protein input for aquafeed, and scarcity pushes buyers toward substitutes such as insect meal. Ongoing shortages in fishmeal supply support demand for alternative proteins and keep fishmeal prices elevated.
thepreviewmedia.comMary IzuakaNov 4, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
